https://www.taxtmi.com/caselaws?id=350945 The Tribunal ruled in favor of the appellant, finding that the recovery of interest for availing credit during a specific period was unsustainable as the appellant was debarred from utilizing the credit and had reversed it before the demand was issued. The demand for recovery was considered barred by limitation. Additionally, the Tribunal held that the imposition of interest and penalty by the Revenue was not justified, as the appellant's actions were in accordance with legal provisions. The appeal was allowed, setting aside the impugned order and providing any consequential relief as per the law. en-us Tue, 31 Oct 2017 00:00:00 +0530 Thu, 28 Feb 2019 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350945 The Tribunal ruled in favor of the appellant, finding that the recovery of interest for availing credit during a specific period was unsustainable as the appellant was debarred from utilizing the credit and had reversed it before the demand was issued. The demand for recovery was considered barred by limitation. Additionally, the Tribunal held that the imposition of interest and penalty by the Revenue was not justified, as the appellant's actions were in accordance with legal provisions. The appeal was allowed, setting aside the impugned order and providing any consequential relief as per the law. Case-Laws Central Excise Tue, 31 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350945